Gandhinagar
GIFT City has emerged as a high-growth destination, with residential property values steadily climbing to reach an average of ₹10,200 per sq ft. The market has shown robust resilience, particularly in the apartment segment where prices have appreciated significantly. Rental options also remain active, providing steady income potential for those looking at long-term holdings. This consistent performance indicates a maturing market that balances professional infrastructure with high-end residential living.
As of June 2026, the average asking price in GIFT City stands at ₹10,200 per sq ft. This figure reflects a significant market appreciation of 11.92% when compared to the preceding period, signaling robust demand and growing investor confidence in this strategic business district.
Property prices in GIFT City have shown a strong upward trajectory, with the location rate rising from ₹10,200 per sq ft in March 2026 to ₹12,700 per sq ft by June 2026. This consistent growth over the recent quarters highlights the area's increasing prominence as a premium residential and commercial hub, making it a focal point for long-term real estate investment.
GIFT City currently commands a premium average asking price of ₹10,200 per sq ft, which is notably higher than surrounding areas in Gandhinagar. For perspective, as of June 2026, nearby localities such as Kudasan are priced at ₹4,700 per sq ft (which appreciated by 5.92% from the previous period), Raysan at ₹4,650 per sq ft (up 2.69%), and Randesan at ₹4,350 per sq ft (up 6.45%). The price differential underscores GIFT City's status as a high-value, infrastructure-led micromarket compared to the broader residential landscape of Gandhinagar.
As of June 2026, apartments in GIFT City are priced at an average of ₹12,700 per sq ft, having appreciated by 24.45% compared to the previous period. In contrast, office spaces currently maintain an average price of ₹8,550 per sq ft, with rates remaining stable at 0% change over the same timeframe. This divergence suggests that residential demand within the city is currently seeing a more aggressive growth phase than the commercial segment.
Rental rates in the vicinity of GIFT City show varied performance as of June 2026. Kudasan currently maintains an average rental rate of ₹50 per sq ft, with rates remaining stable at 0% change. Meanwhile, Sargasan also averages ₹50 per sq ft, though this represents a depreciation of 8.33% compared to the previous period. These figures provide a baseline for tenants and landlords evaluating the rental landscape in the broader Gandhinagar region.
The upward movement in location rates, which reached ₹12,700 per sq ft in June 2026 from ₹10,200 per sq ft in March 2026, indicates a high-growth environment. For a buyer, this trajectory suggests that early entry into the market may be beneficial, as the consistent appreciation reflects strong underlying demand for residential assets within this planned business district.
